Bitwise Asset Management has reportedly taken a key step toward launching its proposed spot Hyperliquid exchange-traded fund, filing a second amendment with the US Securities and Exchange Commission. In an X post on Friday, Bloomberg senior ETF analyst Eric Balchunas highlighted that Bitwise had updated its Hyperliquid ETF to include the ticker $BHYP and had … Read more
The US Commodity Futures Trading Commission has unveiled the first members of its new innovation task force as the agency continues its push to provide greater clarity for the crypto market. The Innovation Task Force was initially launched by CFTC Chairman Mike Selig on March 24, who appointed Michael Passalacqua as the leader of the … Read more
The Bitcoin (BTC) community is discussing the feasibility and implications of the Iranian government accepting BTC for tolls paid by oil tankers crossing the Strait of Hormuz, a critical shipping lane through which about 20% of the global oil supply passes. The reactions were sparked by a Financial Times report, published on Wednesday, which said … Read more
The 10-day lunar flyby mission is expected to end in a splashdown landing in the Pacific Ocean on Friday evening. Users on the prediction markets platform Kalshi are using the platform’s event contracts to bet on the aftermath of the Artemis II mission, NASA’s first manned spacecraft to the Moon in more than 50 years. … Read more
Brian Armstrong, the Coinbase CEO who withdrew the crypto exchange’s support for the Digital Asset Market Clarity Act in January, said “it’s time” for the legislation to pass after months of delays. In a Thursday X post, Armstrong said that Coinbase agreed with comments from US Treasury Secretary Scott Bessent in a recent Wall Street … Read more
Bitcoin (BTC) tagged $73,000 following Friday’s Wall Street open as crucial US inflation numbers came in below expectations. Key points: Bitcoin edges higher as US CPI data remains slightly below market expectations. Gasoline prices see a historic surge within the CPI release. Bitcoin traders plan out key resistance levels overhead. BTC price seeks new local … Read more
Cryptocurrency exchange Bitget has launched IPO Prime, a proxy offering tied to the pre-initial public offering (IPO) phase of Elon Musk’s aerospace manufacturing and space transportation company, SpaceX. Bitget said Friday that IPO Prime will start with preSPAX, a Republic-issued token designed to give retail users economic exposure tied to SpaceX’s post-IPO performance. The exchange … Read more
Hong Kong has issued its first stablecoin issuer licenses, approving Anchorpoint Financial and the Hongkong and Shanghai Banking Corporation under a new regulatory framework overseen by the Hong Kong Monetary Authority (HKMA). The HKMA announced the initial batch of licensees on Friday, marking the first approvals under its stablecoin regime. Anchorpoint Financial is the stablecoin … Read more
Binance co-founder Changpeng ‘CZ’ Zhao said he hopes that cryptocurrencies and blockchain will simply become an invisible part of daily infrastructure by 2031, much like the internet today. Speaking on Scott Melker’s Wolf of All Streets podcast posted Thursday, Zhao said that while new use cases and advances will continue to emerge, he hopes talk … Read more
CAEX, a crypto platform linked to the Vietnam Prosperity Joint Stock Commercial Bank (VPBank) ecosystem, said OKX Ventures and HashKey are backing the company as it seeks to qualify for Vietnam’s pilot regime for crypto exchanges. CAEX said Friday that the two offshore companies will join VPBank Securities (VPBankS) and technology partner LynkiD as shareholders. … Read more